Wednesday, October 12, 2011

Ezra Klein: At the Republican debate, who would bring you the least government?

At the Republican debate, who would bring you the least government? - The Washington Post:
by Ezra Klein
"If every idea uttered around moderator Charlie Rose’s table was made into law tomorrow, the financial-regulation bill would be gone, as would health-care reform and the Federal Reserve. The tax credits that support the housing market would vanish, and so too would Fannie Mae and Freddie Mac, the government-backed housing giants that guarantee the majority of new loans. There would be a balanced-budget amendment to the Constitution, which would require more than $1 trillion in spending cuts if it was to be satisfied in 2013, and China would be branded a currency manipulator."

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